Growth Capitalist (https://growthcapitalist.com/author/moriarty/page/138/)
TPG Specialty Lending, Inc. (TSLX) announced that it has raised $49,999,744 in a Common Stock transaction. The common stock was sold at $16.00 per share, an approximate 4% discount to the market price ($16.70) of TSLX at deal announcement. The investors included TSL Advisers. The transaction closed on March 26, 2014. Note that this Placement was conducted concurrently with the Company's Initial Public Offering.
Aeropostale, Inc. (ARO) announced that it has raised $50,000,000 in a Non-Convertible Senior Secured Debentures transaction. A series of 1,308,229 Warrants with an exercise price of $7.25 per share (0.685% discount) was issued to the investor in this transaction. Barclays Capital acted as the exclusive agent on the transaction. The investor was Sycamore Partners. Issuer counsel was Weil, Gotshal & Manges.
Aeropostale, Inc. (ARO) announced that it has raised $100,000,000 in a Non-Convertible Senior Secured Debentures transaction. The securities accrue interest at a rate of 10%. A series of 2,616,457 Warrants with an exercise price of $7.25 per share (0.6845% discount) was issued to the investor in this transaction. Barclays Capital acted as the exclusive agent on the transaction. Issuer counsel was Weil, Gotshal & Manges.
Airspan Networks, Inc. (AIRO) announced that it has raised $1,000,000 in a Convertible Preferred Stock transaction. The fixed conversion price of the Convertible Preferred Stock is $0.06 per share, an approximate 98.63% discount to the market price ($4.50) of AIRO at deal announcement. The investor was Connis Point Partners, LLC. Issuer counsel was Dorsey & Whitney, LLP. The transaction closed on February 26, 2014.
